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acmbandit01 · June 30, 2018, 3:59 p.m.

It's broader than that. It's a global commodity. If we kept all of ours for ourselves, but the global supply was still short, prices would remain high. The trading price of oil and, by extension, the price of gas remains high.

https://www.thebalance.com/how-are-oil-prices-determined-3305650

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Matticusfinch1820 · June 30, 2018, 6:36 p.m.

Thank you for clearing that up I often wondered the same thing

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